Phoenix New Media (NYSE:FENG) Q3 2022 Results
Important financial results
Revenue: CN¥194.8 million (down 20% from 3Q 2021).
Net profit: CN¥24.3 million (up from CN¥134.0 million loss in 3Q 2021).
Profit margin: 13% (up from 3Q 2021 net loss).
EPS: CN¥2.01 (up from CN¥11.05 loss in 3Q 2021).
All figures shown in the chart above are for the trailing 12 month period (TTM).
Phoenix New Media stock is up 2.7% from a week ago.
Don’t forget that there may still be risks. For example, we have identified 1 warning sign for Phoenix New Media which you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only by using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any shares and does not take into account your goals or your financial situation. We strive to provide you with long-term focused analysis driven by fundamental data. Note that our analysis may not take into account recent price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
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